Introducing Vana (VANA) on Binance Launchpool
Binance, the world’s largest cryptocurrency alternate, has introduced its newest Launchpool challenge—Vana (VANA), marking the platform’s 62nd addition to its progressive token farming initiative. Customers can be allowed to lock their BNB and FDUSD to obtain VANA airdrops over a two-day farming interval, ranging from December 14, 2024, at 00:00 UTC and ending on December 15, 2024, at 23:59 UTC.
The challenge has already created a buzz throughout the cryptocurrency neighborhood, with Binance confirming will probably be the primary platform to listing the VANA token. Mark your calendars as buying and selling will start on December 16, 2024, at 10:00 UTC.
Key Highlights of Vana (VANA)
Key Farming Highlights:
Whole Launchpool Rewards: 4,800,000 VANA (4% of the utmost token provide).
Supported Swimming pools:
BNB Pool: 4,080,000 VANA (85% of rewards).
FDUSD Pool: 720,000 VANA (15% of rewards).
Hourly Laborious Caps per Consumer:
BNB Pool: 8,500 VANA.
FDUSD Pool: 1,500 VANA.
Individuals can begin locking their tokens as quickly because the devoted webpage is dwell, estimated to be obtainable roughly 12 hours earlier than the farming begins.
Tokenomics and Provide Particulars
VANA boasts a well-structured tokenomics mannequin to make sure sustainability and worth for its ecosystem. The token provide particulars embody:
Most Token Provide: 120,000,000 VANA.
Genesis Token Provide: 112,641,600 VANA (93.87% of the utmost provide).
Preliminary Circulating Provide: 30,084,000 VANA (25.07% of the utmost provide).
Binance will listing VANA for spot buying and selling on December 16, 2024, at 10:00 UTC, with the next buying and selling pairs: VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY.
Enhanced Safety with Seed Tag
As part of Binance’s ongoing safety measures, VANA will carry the Seed Tag upon its itemizing. This designation ensures transparency by figuring out tasks at an early stage, permitting customers to make knowledgeable funding choices.
What’s Subsequent for Vana?
Vana’s entry into the Binance Launchpool ecosystem marks an thrilling improvement for blockchain lovers, with Vana positioned as a groundbreaking EVM-compatible Layer 1 blockchain devoted to empowering user-owned information. Binance’s first-mover itemizing of VANA additional solidifies its dedication to fostering innovation and increasing the horizons of decentralized know-how.
For these in search of to discover the way forward for blockchain and information empowerment, the VANA Launchpool and subsequent itemizing on Binance current a promising alternative. Keep tuned because the challenge unfolds and turns into part of the dynamic Binance ecosystem.